USCG Warns Mariners of Shoaling in Merrimack River
The Coast Guard is urging mariners to use extreme caution while transiting the Merrimack River entrance due to significant shifting and shoaling between the #2 red and #3 green buoys. Several recent accidents and near misses on the narrow, heavily congested portion of the Merrimack River have created a major safety concern. To help ensure the public has a safe and pleasurable boating experience, the Coast Guard…
Diana Shipping Signs Loan Facility with Danish Ship Finance
Diana Shipping Inc. a global shipping company specializing in the ownership of dry bulk vessels, today announced that it has completed a drawdown of US$30 million…
Volvo Penta Offers Extended Warranty
Volvo Penta has doubled the warranty on Genuine Volvo Penta Parts and Accessories that are purchased and installed at a Volvo Penta dealer — creating even better protection for customers. Volvo Penta offers a comprehensive 12-month warranty on Genuine Volvo Penta Parts. But now the company has extended that warranty to 24 months for parts and accessories that are purchased and fitted at an authorized Volvo Penta dealer.
Hapag-Lloyd to Offer Direct All Water Feeder Service
Hapag-Lloyd will offer a direct all water feeder service between Cartagena, Colombia and Manzanillo, Panama every 10 days to La Guaira and Puerto Cabello, Venezuela. Rotation of the service is as follows: Cristobal • Cartagena • Puerto Cabello • La Guaira • Manzanillo, PA • Cristobal Hapag-Lloyd will offer this service sailing from Cartagena with a planned start date of May 11, 2015 on MV Hansa Kristiansand (voyage 113N).
ExxonMobil Begins Production at Kizomba
Exxon Mobil Corporation announced today that its subsidiary, Esso Exploration Angola (Block 15) Limited (Esso Angola), has started oil production ahead of schedule at the Kizomba Satellites Phase 2 project offshore Angola. Kizomba Satellites Phase 2 is a Block 15 subsea infrastructure development of the Kakocha, Bavuca and Mondo South fields. Mondo South is the first field to begin production, and the other two satellite fields are expected to start up in the coming months.
Maritime Innovation Award for Subsea Industries
The 2014 Maritime Innovation Award, given jointly by the Royal Institution of Naval Architects and QinetiQ, has been presented to Subsea Industries for the product Ecolock. The Maritime Innovation Award is presented to an individual or organisation in recognition of outstanding scientific or technological research in hydrodynamics, propulsion, structures and material which offers the potential to make significant improvements in the design…
APSEZ Ports Cargo Handled Up 28%
Adani Ports and Special Economic Zone Limited (“APSEZ”), India’s largest port developer and part of Adani Group, today announced the financial results for the fourth quarter and year ended March 31, 2015. Consolidated cargo across all ports handled by the company was 144 MMT in FY15, an increase of 28%, over corresponding period last year. Adani ports at Mundra handled 111 MMT cargo in FY15 thereby continuing its leadership as the largest commercial port business in India.
Germany Mulls Maritime Ties with Iran
Germany and Iran seeks to develop economic relations in the field of maritime trade and ports for increasing the trade volume between the two countries, reports PressTV. German Ambassador to Tehran Michael Baron von Ungern was quoted by Fars news agency as saying that increased cooperation between the two countries’ ports will certainly boost the volume of trade between Tehran and Berlin. Germany is…
Maersk Vessel to be Released after Company Pays Debt: Iran
The Iranian Embassy in Denmark has reportedly said that a cargo ship recently impounded the Persian Gulf by Iranian Navy forces will be released if the ship’s operator company settles its overdue debts to an Iranian plaintiff. “Iranian authorities reiterate that there has been absolutely no political or security intentions or considerations behind the incident,” read a statement by the Iranian Embassy on Thursday, AFP reported.
Panama Okays New Canal Toll Structure
Panama’s cabinet council has approved a request by the Panama Canal Authority (ACP) to modify the canal toll structure and implement volume-based discounts for container ships. The new toll schedule will take effect April 1, 2016. New tolls apply to all lanes, including the new third lane, according to the Panama authorities as reported by energy news provider Platts. It modifies the pricing structure…
NZ Ports to Turn Away Cruise Liner
Radio New Zealand says that ports of Auckland is set to turn away one of the world's largest cruise ships after agreeing with its council-owner not to build one of two planned wharf extensions. It said, without the extension, it could not berth the Ovation of the Seas, which means the mega-liner may also drop stops at four other New Zealand ports. The cruise ship industry believes millions of dollars are at risk if extensions to Auckland's Bledisloe Wharf are delayed.
62.9% of Dredging at New Suez Canal Finalized
Up to 157.260 million cubic meters of water-saturated sand have been dredged so far as part of the Suez Canal Development Project, said executive director supervising the dredging process Wagdi Zaki, according to a statement by Egypt State Information Service (SIS). This represents 62.9 percent of a total 250 million cubic meters that should be dredged as part of the project, he added in statements Thursday 30/04/2015. As many as 37 dredgers are working in the project, Zaki noted.
BP Shipping Turns 100
BP Shipping celebrated its 100-year anniversary yesterday, making it the longest continually operating company in the group. Formed on April 30, 1915 as the British Tanker Company, the business has contributed to two world wars, the Great Depression, the closures of the Suez Canal, and the impact of oil nationalisations on the world economy and the movement of oil and gas. It has also played a role…
Dozens Fell Sick on Holland America Cruise Ship
About 60 guests aboard Holland America cruise ship Maasdam reported to the infirmary with the virus about one week into the cruise. The passengers on the MS Maasdam began experiencing gastrointestinal illness while on a 14-day sailing. The affected guests were asked to remain in their cabins until their symptoms disappeared. Sixty of 1,138 passengers on the MS Maasdam and 11 of 578 crew members experienced vomiting and diarrhea during the cruise, the U.S.
Kongsberg Maritime to Equip Yinson Genesis FPSO
Kongsberg Maritime has been selected to supply a complete Electrical, Instrument and Telecom solution, including E- house, for the new Yinson Production (West Africa) Pte Ltd FPSO, ‘Yinson Genesis’. According to the company, the contract is valued at approximately NOK 200 million ($26.2 million) and the FPSO is expected to be operational by 2017. The Yinson Genesis will be deployed to fulfill a 15-year contract (with five yearly extension options) for the chartering…